Archivi tag: ethical goods

On signaling and ethical goods

In this paper, we investigate the possibility that a non-ethical firm may disguise itself as ethical in order to take advantage of the consumer’s higher willingness to pay for ethical goods. Using a signaling model `a la Spence, we show … Continua a leggere

Pubblicato in 1) Working Papers | Contrassegnato , , , | Commenti disabilitati